Dear members, We are finalising our invoices for this year. These will be issued to most members next week. Members who are under evaluation for possible sanctions will be contacted separately about their invoices. This year, we will not be issuing printed invoices. Invoices will only be available online in the LIR Portal. This is due in part to the unreliability of postal delivery in some parts of our service region. However, we also see a move to digital invoices as a positive step in our efforts for environmental sustainability. If you require a printed version of your invoice, please send a message to <billing@ripe.net>, and we will send the printed version to you. You may also print the invoice yourself should you need printed invoices for local authorities. Redistribution 2022 At the RIPE NCC General Meeting in October 2022, members voted to redistribute the 2022 surplus to members in 2023. However, there is no surplus recorded in our to-be-audited year-end figures, so there will be no 2022 redistribution added to your invoices. Although the RIPE NCC was within its operating budget, unfavourable market circumstances resulted in a reported unrealised financial loss in our investment portfolio. Additionally, our inability to collect money from ultra high-risk countries also means that our reported income is lower than expected, and therefore there is no 2022 surplus to redistribute. However, there remains a small surplus from 2021 to be redistributed. This remainder is 180K EUR and is explained by closures, bad debt and redistributions being based on estimates before the final audit of the financial year. This will result in a small redistribution (8 EUR on average per LIR) for members who paid fees in 2021, and you will see this on your invoice. We will provide more detailed information on this in the RIPE NCC Financial Report 2022, which will be published in April this year. For information about payment or about how your annual contribution will be calculated, please refer to the RIPE NCC Billing Procedure 2023: https://www.ripe.net/participate/member-support/payment/ripe-ncc-billing-pro... Kind regards, Simon-Jan Haytink Finance Director RIPE NCC